a market conditions and project evaluation summary of - Georgia ...
a market conditions and project evaluation summary of - Georgia ...
a market conditions and project evaluation summary of - Georgia ...
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Effective Rent Date 5/02/2012<br />
Location 455 Dekalb Industrial Way<br />
Decatur, GA 30030<br />
Dekalb County<br />
Distance 2.7 miles<br />
Units 380<br />
Vacant Units<br />
Vacancy Rate<br />
34<br />
8.9%<br />
Type Garden (3 stories)<br />
Year Built/Renovated<br />
Marketing Began<br />
Leasing Began<br />
Last Unit Leased<br />
Major Competitors<br />
Tenant Characteristics<br />
Contact Name<br />
Phone<br />
Program<br />
Annual Turnover Rate<br />
Units/Month Absorbed<br />
HCV Tenants<br />
Leasing Pace<br />
Annual Chg. in Rent<br />
Concession<br />
1998 / N/A<br />
N/A<br />
N/A<br />
PROPERTY PROFILE REPORT<br />
N/A<br />
Archstone at Decatur Crossing <strong>and</strong> Paces Park<br />
Diverse; No dominant age group<br />
C<strong>and</strong>ace<br />
404-294-0400<br />
Market<br />
36%<br />
N/A<br />
0%<br />
Within 30 days<br />
None<br />
Reduced rents<br />
Jackson Square<br />
Market Information Utilities<br />
Unit Mix (face rent)<br />
A/C<br />
Cooking<br />
Water Heat<br />
Heat<br />
Other Electric<br />
Water<br />
Sewer<br />
Trash Collection<br />
not included -- central<br />
not included -- electric<br />
not included -- electric<br />
not included -- electric<br />
not included<br />
not included<br />
not included<br />
not included<br />
Beds Baths Type Units Size (SF) Rent Concession Restriction Waiting Vacant Vacancy Max Rent? Range<br />
(monthly)<br />
List<br />
Rate<br />
1 1 Garden<br />
(3 stories)<br />
53 756 $947 $236 Market Yes N/A N/A N/A None<br />
1 1 Garden<br />
(3 stories)<br />
53 859 $967 $241 Market Yes N/A N/A N/A None<br />
1 1 Garden<br />
(3 stories)<br />
53 872 $982 $245 Market Yes N/A N/A N/A None<br />
1 1 Garden<br />
(3 stories)<br />
53 912 $1,002 $203 Market Yes N/A N/A N/A None<br />
2 1 Garden<br />
(3 stories)<br />
52 1,071 $1,112 $173 Market Yes N/A N/A N/A None<br />
2 2 Garden<br />
(3 stories)<br />
50 1,131 $1,172 $293 Market Yes N/A N/A N/A None<br />
2 2 Garden<br />
(3 stories)<br />
50 1,224 $1,247 $285 Market Yes 4 HH N/A N/A N/A None<br />
3 2 Garden<br />
(3 stories)<br />
16 1,688 $1,629 $180 Market Yes N/A N/A N/A None<br />
Unit Mix<br />
Market Face Rent Conc. Concd. Rent Util. Adj. Rent<br />
1BR / 1BA $947 - $1,002 $203 - $245 $711 - $799 $0 $711 - $799<br />
2BR / 1BA $1,112 $173 $939 $0 $939<br />
2BR / 2BA $1,172 - $1,247 $285 - $293 $879 - $962 $0 $879 - $962<br />
3BR / 2BA $1,629 $180 $1,449 $0 $1,449<br />
© Novogradac & Company LLP 2008 - All Rights Reserved.
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